SOURCE: The Bedford Report

The Bedford Report

April 07, 2011 08:16 ET

Uranium Resources and Cameco Poised to Rebound After Plummeting in March

The Bedford Report Provides Analyst Research on Uranium Resources and Cameco

NEW YORK, NY--(Marketwire - April 7, 2011) - After investors fled the sector because of the nuclear power plant crisis in Japan, uranium stocks are beginning to mount a comeback. Nuclear power construction is likely to continue its rapid growth, largely because there aren't many strong alternatives. As vice-president of the China Nuclear Energy Association, Zhao Chengkun, explains, nuclear is the only energy source that can be used on a mass scale to achieve the nation's goal of developing cleaner, low carbon energy. The Bedford Report examines the Uranium Industry and provides research reports on Uranium Resources, Inc. (NASDAQ: URRE) and Cameco Corporation (NYSE: CCJ). Access to the full company reports can be found at:

www.bedfordreport.com/2011-04-URRE

www.bedfordreport.com/2011-04-CCJ

China recently declared its six operating plants safe, while suspending approval of new nuclear plants while it reviews safety standards. China is in the process quadrupling its uranium consumption to 50 million-60 million pounds a year, and says it plans to build 10 nuclear power plants a year for the next decade.

US President Barack Obama still believes that nuclear power will play an important role going forward. "We're going to incorporate those conclusions and lessons from Japan in design and the building of the next generation of plants," he explains.

The Bedford Report releases regular market updates on the uranium industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

Shares of Uranium Resources lost close to 50 percent of their value following Japan's tragic earthquake and subsequent nuclear disaster. The company recently completed an agreement to explore 53,500 acres in Kennedy County, Texas, for three years, with an option to lease the acreage for uranium production. URRE CEO Don Ewigleben argues the lease has "strong indications for uranium potential."

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer

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